Example Rental

Class B-, built in the mid 1980s, we did some internal modernizing and a new roof

Return to Track Record

4954 S Germantown Rd Memphis, Tennessee 38141

3 Beds
2.0 Baths
1,643 Sqft
-2.01% Cash on Cash

Cost & Income

Purchase Price: $215,319

Renovation Costs: $25,993

Development Fee: $3,500

Total Basis: $244,812

Purchase Date: 06/24/22

Date Rented -1362 days

Gross Rent: $1,395/mo

Vacancy (5.00%): ($6)

Property Mgmt (7.50%): ($105)

Other Expenses: ($556)

Net Operating Income: $728/mo

Cap Rate: 3.57%

Levered Cash Return
Not including any appreciation

Appraised Value: $215,566

Loan (75% LTV): $161,675

LTC %: 66%

Cash In: $83,138

Yield on Cash: 0.79%

Net Operating Income: $8,741

Debt Service (P&I): ($10,412)

Cash Flow -2.01%: $-1,671

Principal Paydown 2.80%: $2,328

Total Income: $657

4954 S Germantown Rd

Estimated Value: $215,566

Value Over Cost: $-29,246

Initial Capital Gain: -11.95%

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